Opinion | Why I believe in Hong Kong’s talent for survival and success
- The fundamental dynamic that made it successful is still operating: its free economy and minimal state intervention continue to attract a spirited group of ambitious, risk-taking talent – including, as shown in recent years, those from the mainland
An email I received not long ago began with: “Down the slippery slope…”. The sender, an acquaintance in Britain, was reacting to yet another article in the international press warning of Hong Kong’s apparent decline.
It wasn’t the first note I’d received from overseas kindly offering to bring me up-to-date on developments in Hong Kong, the city I’ve lived and worked in for over 20 years. Were they concerned for my well-being? Or just showing a morbid fascination with Hong Kong?
Whatever the motivation, they were hinting at a question that plays upon my mind too: Are the wheels finally falling off the unique social and economic experiment that is Hong Kong?
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Hong Kong faces expat exodus as appeal of international city wanes
Hong Kong has been through a rough patch. But I think the fundamental dynamic that made it successful is still operating. Put succinctly, Hong Kong has one of the world’s freest economies, which attracts a spirited group of ambitious risk-takers.